NewsFlash Articles Data Fundraising BlockBeats Pro

The founder of Uniswap talks about acquisitions: It is unlikely to issue Token for Genie, and the products will be integrated into Uniswap

Read this article in 4 Minutes

Uniswap aims to bring value circulation to digital assets, whether it is ERC-20 or NFT

On June 22, Uniswap founder Hayden Adams was interviewed by Bankless. In the interview, he reviewed the early development of Uniswap and revealed many new plans after the acquisition of NFT transaction aggregator Genie. There is no shortage of issues of widespread concern to community users.

Talk about acquisition

Hayden Adams mentioned that the acquisition of Genie is not just an acquisition of a "product", but an acquisition of a team. The Genie team has a total of 15 people and will be completely merged with the Uniswap team. The two parties will have a long-term running-in to become a team; on the other hand, Genie will integrate with Uniswap at the product level, that is, Genie will serve as a function of NFT aggregation transactions Appearing on the product interface of Uniswap, this feature is expected to be launched this fall.

When talking about the concept of mergers and acquisitions, Hayden said: "Uniswap is positioned as an exchange platform for all digital ownership assets, and ERC-20 Token is in Among them, although NFT is a relatively new field, it is also a digital asset based on encrypted ownership.”

Talking about airdrops

When talking about the airdrop, Hayden said that it will Users of Genie Genesis NFT will conduct USDC airdrops. The airdrop will start in August, and according to the snapshots that have been taken, they will be able to claim within 12 months. As previously reported, approximately 68,000 addresses had interacted with Genie before April 15.

When the host was puzzled by the fact that the target of the airdrop was USDC, Hayden replied: "The airdrop is essentially to give early support After Genie’s user returns, without them there would be no Genie now, people will imagine various types of returns, and their expectations for returns are also different, so we decided to airdrop USDC so that users can freely use this money.”